DC decoupled the local taxes from the federal tax code to avoid millions of dollars in lost revenue. But House Republicans are pushing a disapproval resolution.

D.C. officials say the potential action from Congress would sow fiscal chaos for the city.

They are spending more time trying to overturn D.C. laws than they’re doing with a number of pressing issues,” one organizer said of Congress.

Section 892 is the bit of the US tax code that you really really care about if you’re a foreign government entity, one of their integral parts, or a controlled entity (eg, SWFs and some PPFs) seeking ...

Under Section 892 of the US tax code, foreign governments and their controlled entities — a category that includes SWFs and some public pension funds — do not pay US tax on what the IRS categorises as ...

How the Tax Code Made an American Aristocracy, walks readers through federal tax policy history and the modern-day legal ...

The increasing complexity of the tax code is having real consequences on the American economy, with a new analysis projecting a price tag of more than half a billion dollars yearly borne by the ...

Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, including expanded deductions and extended lower rates. Inflation adjustments ...

Crypto regulations are still catching up to the industry's pace. For retail players and small businesses, they remain complex, inconsistent, and often unclear. Both sides of Congress are trying to ...

In most instances, the phrase "tax conformity" would be more likely to lead to eyes glazing over than thoughts of a bitter ...